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Department of Economic Development and Tourism

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Boosting Investments

Why invest in the Western Cape?

Cape Town is not only a top travel destination but also offers an attractive investment proposition for companies wishing to expand their operations into the Western Cape. The Western Cape offers numerous investment opportunities in key sectors for both Foreign Direct Investment (FDI) as well as Direct Domestic Investment (DDI). The Western Cape is a gateway to the rest of Africa, and the destination of choice for leading global multinationals.

who are we invest

Who are we?

The Sector Development unit provides oversight and resources to Wesgro (Western Cape Investment and Trade Promotion Agency) to assist potential investors and businesses. In addition, support is provided relating to investment policy and strategy development as well as linkages to the broader economic transversal support programmes and services. 

Want to invest in Cape Town and the Western Cape?

Wesgro is the official tourism, trade, and investment promotion agency for Cape Town and the Western Cape and assists investors and businesses looking to invest in the province.

Our Initiatives

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Western Cape Investment Summit

An investment summit will be hosted by the Premier of the Western Cape for investors, financiers, FDI intermediaries, and companies interested in doing business with the Western Cape.

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Investment Eco-System Support

The investment eco-system support initiatives include the Municipal Investment Readiness Programme, Sector IQ, and the Film incentive scheme impact assessment.

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Contact Us

For more information, please contact Khotso Morudi at Khotso.Morudi@westerncape.gov.za

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